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Appointed as chancellor of the University of Maine System in March, James Page comfortably wears two hats — one labeled "business" and the other "academia." As the top administrator of the seven-ca
Workplace teams are not just collections of individuals doing parallel activity.
For more than a century, Rumford's downtown has been bookended by two powerful residents: the paper mill to the east and Pennacook Falls to the west. The mill here has long been the center of the town's economy.
Retirement savings projected Budget expected to be $70-$80 million smaller Reforms credited with impact State retirement system officials told the Legislature and the LePage administration they will ne
Here's an opening line that John Karp uses when meeting Maine manufacturers:“Would you like a chance to get your new products to market up to eight times faster with 60% less risk?”
You never get too full of yourself in journalism. Just when you think you're on a roll, reality rears up and slaps you upside the head.
Over the course of months, banks and other businesses have looked for the Federal Reserve Board to cut interest rates, but the waiting game continues.
Basing its decision on new economic reports, the Fed on May 1 said it doesn’t plan to cut rates until it has “greater confidence” that inflation is slowing toward the central bank's 2% target. Three rate reductions had been projected for 2024, likely starting in June.
But for now, it appears the key borrowing rate in the U.S. will stay at a two-decade high of roughly 5.3%.
Keeping the rate so high for so long may tame inflation, but can also discourage new investment and business growth.
“The Fed is really stressing the banking industry,” said Andrew Silsby, president and CEO of Augusta-based Kennebec Savings Bank, in a Mainebiz story last month. “The economic environment is really quite difficult, but I haven’t quite figured out whether we’re through the storm or in the eye of the storm.”
The Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Learn MoreWork for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Learn MoreThis special publication examines the innovation infrastructure in Maine and the resources available to help entrepreneurs at the various stages of their journey.
Learn moreThe Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Work for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
This special publication examines the innovation infrastructure in Maine and the resources available to help entrepreneurs at the various stages of their journey.
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